$FIDA is the native token of Bonfida, a decentralized infrastructure project built on the Solana blockchain. It powers the Solana Name Service (SNS), which enables users to register human-readable domain names on the Solana network, simplifying wallet addresses and enhancing the Web3 experience. Additionally, FIDA is integral to Bonfida's suite of tools, including the Asset Agnostic Orderbook (AOB) and the Audaces perpetual swap platform .
As of May 12, 2025, $FIDA is trading at approximately $0.11 USD, reflecting a significant increase of over 30% in the past 24 hours. The token's market capitalization stands at around $112 million, with a circulating supply of approximately 990 million FIDA tokens .
FIDA is available for trading on several major cryptocurrency exchanges, including Binance, Kraken, KuCoin, and Coinbase . The recent surge in $FIDA 's price is attributed to increased trading activity and renewed interest in the Solana ecosystem.
